Common use of Reduction in Consideration Clause in Contracts

Reduction in Consideration. Any payment made by a Seller for any breach of the Warranties or under the Tax Covenant shall be deemed to be a reduction in the Consideration in relation to that Seller.

Appears in 1 contract

Samples: Share Sale Agreement (Loton, Corp)

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Reduction in Consideration. Any payment made by a Seller the Sellers for any breach of the Warranties or a liability under the Tax Covenant shall be deemed to be a reduction in the Consideration in relation to that SellerConsideration.

Appears in 1 contract

Samples: Share Purchase Agreement (Mikohn Gaming Corp)

Reduction in Consideration. Any payment made amount paid by a Seller for any breach of the Vendor pursuant to the Warranties or under the Tax Covenant Deed shall be deemed to be regarded as a reduction in of the Consideration in relation to that SellerConsideration.

Appears in 1 contract

Samples: Share Sale & Purchase Agreement (AdAl Group Inc.)

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Reduction in Consideration. Any payment made by a the Seller for any breach of the Warranties or under the Tax Covenant shall be deemed to be a reduction in the Consideration in relation to that SellerConsideration.

Appears in 1 contract

Samples: Share Purchase Agreement (Loton, Corp)

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